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Just saw this and the 7.5% commissions stood out!. Nice to have another option.
https://www.namesilo.com/Support/Marketplace
https://www.namesilo.com/Support/Marketplace
@namesilo Thanks for continuing to improve the marketplace. I've been very happy with it so far, and I’ve recently started using your landing pages for the majority of the domains I've got with your registrar.
One thing I'd love to see is some bulk editing functionality. Once domains have been listed, the only way to make any adjustments is to edit them one by one, which is cumbersome if you have listed hundreds.
If it is difficult to implement bulk editing, perhaps you can consider adding a bulk delete tool? (for domains that have not yet received any bids or offers, as these can't be removed). Simply deleting all the domains that needs to be updated, and then re-listing them with the updated settings would be a lot more convenient than editing/deleting them one by one.
Thank you for adding a bulk cancel tool. Works great. THIS is why I use you as my main registrar. You listen to customer feedback and continuously update and improve your services.Thanks for the feedback. You can now bulk cancel sales via the Marketplace Manager
Hi everyone. We have had a very good opening response to the marketplace that opened yesterday with already over 2,500 domains listed for sale. We have been fine-tuning a number of things based upon initial feedback. The first big addition we would like to make is to offer an optional landing page for when people type in a domain name that is for sale. We'd like to ask the people here what things they would like to see with such a service. We are starting from scratch so it's easier to know ahead of time what people would like as opposed to adding it later. Let us know a few of the ideas you would like to see implemented. Please just note that we may not be able to accommodate all requests. we appreciate the feedback!
I may consider moving some domains to you. and possibly put them on marketplace, cause its free and why not right.. but I am curious.. your marketplace, in terms of views potential/offer potential... is at this stage obviously no much traffic wise to the older more popular places like Sedo/godaddy auctions/flippa etc.. is this correct?
or put differently, are there perhaps some comparaison stats we can see for numbers of views sales/offers on your marketplace items?
thanks a lot!
I've sold 6 names there so far. Used their landing pages for all of them.Anyone sold names through the NS marketplace or made sales with the landers?
No. It's only available for names you have registered with them.Do NameSilo allow listing external domains?
I've sold 6 names there so far. Used their landing pages for all of them.
All had fixed BIN prices, and I only showed the BIN button on the landing page.Awesome! Did you set BINs or were they make offers? Price? What type of domains? Be nice if there were more landing page options.
All had fixed BIN prices, and I only showed the BIN button on the landing page.
I think the only end-user friendly transaction system offered by NameSilo at the moment is for BIN priced domains at or under $1000.
Their system for this is extremely good. With such names, the BIN button on the landing page directly puts the domain into the buyers shopping cart (no need to register an account separately first), and all he needs to do is to provide personal info (for WHOIS and for account creation) and pay (lots of payment methods available), and the transaction is closed, and the buyer receives the domain immediately. This system is excellent, and it’s extremely easy for anyone to buy a domain in this way, as it is straight-forward and offers the path of least resistance, and it can also capture impulse buys, since everything takes place instantly.
On the other hand, for names priced over $1000, the BIN button on “auction” names does not put the name into the buyers shopping cart, but instead to a slightly confusing auction page, where it is not very clear whether or not the domain is available for instant purchase (due to the auction time ticker), and where the buyer needs to register an account first, and then proceed to bid exactly the same amount as the set BIN price (there is no BIN button). After that, buyer has 7 days to provide payment (only wire transfer), which provides ample time for the buyer to re-think the purchase.
I also find the "make offer" function they offer to be potentially too complicated for end-users, since the interested buyer first needs to register, and then fill in bid and how long the bid will be valid for, all on the bottom of a very text-heavy page, and if you add a buy it now price below $1000, it only shows as a tiny text-link on this page (and if the name is above $1000 it does show any BIN link on the make offer page, and if you use the landing page on “make offer” names with a BIN price above $1000, the “BIN” button does not allow you to buy the domain, but just directs you to a make offer page without any BIN button, which is quite confusing). I guess the whole process is okay if it's a very determined buyer, but if it is someone more undecided who is not very tech-savvy, they will probably deterred at some stage, and just move on to another name.
So, in its current iteration, the NameSilo marketplace is perfect for selling names with BIN price that you are willing to let go for $1000 or below, and perhaps not as good for selling names above $1000 or for using the make offer function. However, NameSilo have made lots of improvements to the marketplace since they launched it, so I’m sure many of the things above will be addressed over time.
Personally, one update I would like to see soon, is a small increase in the price of domains that can be put directly into the shopping cart and purchased immediately, for example if this system could be made available to names priced at or below $1250 or at or below $1500, instead of just for names priced below $1000, as is the case currently. Two of the sales I had were for $1K each, but I felt these names could have sold for more than this, however, I priced them at 1K just to make it a lot easier for interested buyers to buy them via the NameSilo marketplace system.
How can we add domains from other registrars?? and can we configure individual sales landers.
Thanks @namesilo
Recently sold two names on NameSilo totaling $xxxx. I have to say it was effortless, streamlined and overall a very positive experience. I've moved more domains to Namesilo landers.
Now if only we could list names that are not registered with namesilo, that would be the icing on the cake.
I've sold 1 at their marketplace, I was away on vacation, and came back to money in my account. I had to do zero steps. I don't mind them only allowing names registered with namesilo. It makes everything streamlined.
Thanks for your feedback and happy to hear about your experience so far. We are strongly considering allowing domains registered with other registrars into our marketplace, but we have not made a final decision to date. In case you did not know, we have a new MarketSites product that allows you to list domains from any registrar - https://www.namesilo.com/Support/Domain-Investor-Tools. Thanks again for your feedback!
External domains aren't hugely important but it would be a nice addition imho. One thing I would love to see and it's something that almost every marketplace is lacking, is a facility for payment plans.
Tricky I know, but you could have a minimum threshold for this option and a system whereby names are registrar or held in Escrow while under a payment plan, max 12 months.
Cashflow is king in any business and I suspect we'd see more sales volume across all marketplaces if payment plans were more readily available to end users.